Abstract
The time has come for an assessment of the situation after the return of democracy to Chile following 17 years of military dictatorship. Although the first period of the Pinochet regime was a painful one from a political, social and economic point of view, including two deep recessions (in 1975–6 and 1982–3), after 1983 the economy took an upward trend: a 5.4 per cent annual growth of Gross National Product (GNP) between 1984 and 1989, the unemployment rate falling from 18.7 per cent in 1983 to 6.5 per cent in 1989, the doubling of exports, and a decrease in foreign debt after 1985 (Díaz, 1989).KeywordsRealistic Exchange RateAgricultural PolicyPrice PolicyGross National ProductIndustrial FarmerThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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